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Growth Slows but Remains Resilient China's economy expanded 4.7% year-on-year in the first half of 2026, according to the National Bureau of Statistics (NBS) on July 15. Gross domestic product reached 69.57 trillion yuan (approximately $10.
Fiscal Revenue Accelerates as Industry Mix Shifts Shanghai's local public budget revenue grew more than 5% year-on-year in the first half of 2026, the city's statistics bureau reported on July 20 — a performance that reflects both
Emerging Markets Under Pressure The IMF issued a sovereign debt risk alert in July 2026, warning that the combination of elevated US interest rates and oil price pressures is pushing many emerging market sovereigns past sustainable debt thresholds. Capital is
From Auto to Appliances: A Consumption Policy Powerhouse China's trade-in subsidy programme — a multi-round effort to stimulate domestic consumption by subsidising the replacement of old consumer goods — has cumulatively channelled more than 1 trillion yuan in effective consumer
A Post-Pandemic Travel Record China recorded 369 million cross-border trips in the first half of 2026, the National Immigration Administration (NIA) reported — a 21% year-on-year increase and a new H1 record. The surge encompasses both inbound and outbound travel, signalling
Record Half-Year for RMB Internationalisation China's cross-border settlement data for H1 2026 delivers a landmark figure: the RMB now accounts for 52.9% of all Chinese cross-border payments, the State Administration of Foreign Exchange (SAFE) reported on July
A Star Performer in China's Economy Shanghai grew 5.6% year-on-year in the first half of 2026, reaching a regional GDP of 27.89 trillion yuan (27,886.63 billion yuan), the city's statistics bureau reported
Record Credit Expansion in H1 China's banking system extended 10.72 trillion yuan in new yuan loans in the first half of 2026, a record for any H1 period, according to the People's Bank of China
A Belt and Road Flagship Delivers The China-Laos Railway moved more than 20 million tonnes of cargo in the first half of 2026, the China State Railway Group reported on July 8, underscoring the infrastructure project's growing role
A New Scale of Logistics Activity China's express delivery sector handled over 100 billion parcels in the first half of 2026, the State Post Bureau confirmed on July 5 — a volume that eclipses the combined express delivery of